WASHINGTON (AN) — International Monetary Fund Managing Director Kristalina Georgieva warned the global economy faces a significant slowdown from the Middle East war, as a sharp disruption to energy supplies ripples across countries and markets.
Speaking ahead of next week’s spring meetings in Washington, Georgieva described the conflict on Thursday as a large, global and "asymmetric" supply shock, with roughly 13% of global oil flows and 20 percent of liquefied natural gas supplies affected.